Swedish bank SEB lines up bumper shareholder payout
By Niklas Pollard STOCKHOLM (Reuters) -Swedish bank SEB on Thursday proposed a bigger than expected annual shareholder payout in the form of ordinary and special dividends, though fourth-quarter net profit was marginally…
Swedish c.bankers see tight policy ahead, could hike if inflation spooks
By Simon Johnson STOCKHOLM (Reuters) -Swedish monetary policy needs to remain tight for some time and the policy rate may need to be raised further if the inflation outlook deteriorates, the minutes…
ECB haunted by bond buys in Swedish property crisis
By John O’Donnell and Francesco Canepa FRANKFURT (Reuters) – A debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion…
Swedish economy in recession as Q3 GDP shrinks more than expected
By Johan Ahlander STOCKHOLM (Reuters) – Sweden’s economy entered recession in the third quarter, which contracted 0.3% from the previous one, as higher interest rates hit consumer spending and investments. “GDP decreased…
Swedish property problems could accelerate price drops in Denmark, central bank says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price drops in the commercial property market could be accelerated by Swedish real estate firms…
Swedish Riksbank holds rates steady, threatened hike in 2024 seen unlikely
By Simon Johnson STOCKHOLM (Reuters) -Sweden’s central bank kept its policy rate on hold at 4.00% on Thursday and said it was ready to hike again if inflation proved stubborn, though analysts…
Fitch cuts Swedish SBB rating over tight liquidity, weak market
By Louise Rasmussen COPENHAGEN (Reuters) – Fitch on Wednesday downgraded Swedish property company SBB’s long-term issuer default rating to CCC+ from B-, and its senior unsecured debt rating to B from B+,…
Swedish central bank tightens policy, says it may need to do more
By Simon Johnson and Niklas Pollard STOCKHOLM (Reuters) -Sweden’s central bank raised its key policy rate by a quarter percentage point to 4.00%, as expected, on Thursday and said it might need…
Swedish appeals court upholds conviction in PKK funding case
STOCKHOLM (Reuters) – A Swedish appeals court on Wednesday upheld the guilty verdict of a man charged with attempting to finance the outlawed Kurdistan Workers Party (PKK), in a ruling that could…
Swedish inflation slows in August; Riksbank still expected to hike next week
STOCKHOLM (Reuters) – The pace of headline Swedish inflation slowed more than expected in August, official data showed on Thursday, but analysts believe it will not be enough to prevent the central…
Iraq jails police for failing to halt torching of Swedish embassy after Koran burning
BAGHDAD (Reuters) – An Iraqi court sentenced 18 police officers to prison after they were found guilty of failing to prevent protesters from setting fire to the Swedish embassy in Baghdad in…
US condemns attack in Swedish Embassy in Baghdad, criticizes Iraq security
WASHINGTON (Reuters) – The United States on Thursday strongly condemned the attack on the Swedish Embassy in Baghdad over a planned Koran burning in Stockholm and criticized Iraq’s security forces for not…
Swedish Committee for Afghanistan suspends some operations after Taliban order
KABUL (Reuters) – The Swedish Committee for Afghanistan, a major humanitarian organisation, has paused some of its operations, it said on Wednesday, after a Taliban order halting Swedish activities in the country.…
NATO chief says Swedish alliance membership within reach
BRUSSELS (Reuters) – NATO Secretary-General Jens Stoltenberg said on Thursday that Sweden’s membership in the alliance was within reach after a meeting in Brussels to overcome Turkish objections. Stoltenberg said leaders of…
Swedish PM says Vilnius summit natural time for NATO bid finale
(Reuters) – Swedish Prime Minister Ulf Kristersson said on Wednesday after meeting U.S. President Joe Biden that the two leaders agreed that the upcoming NATO summit in Vilnius was a “natural time”…
Swedish PM says Hungary’s Orban still promises not to delay NATO accession
STOCKHOLM (Reuters) – Sweden’s prime minister said on Friday his Hungarian counterpart had assured him that Budapest would not delay the Nordic country’s NATO accession, following reports that Hungary’s parliament would delay…
Swedish central bank chief says skeptical of currency intervention
STOCKHOLM (Reuters) – The Swedish central bank’s decision to asses the possibility of hedging a portion of foreign exchange reserve should not be seen as a veiled threat of currency intervention, Governor…
Swedish central bank seen hiking by quarter percentage point to 3.75% this week: Reuters poll
STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a quarter percentage point this week in a bid to bring down inflation further, but that is likely to be…
Swedish inflation dips more than expected in April, easing cbank worries
STOCKHOLM (Reuters) – Inflation in Sweden slowed faster than expected in April, data from the statistics office showed on Monday, good news for the central bank that has fretted that price pressure…
Swedish central bank seen hiking by half percentage point to 3.5% next week- Reuters Poll
STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a half a percentage point next week as it grapples with soaring inflation, with a further quarter point to come…
Brazil may buy more Swedish Gripen fighter jets, says minister
RIO DE JANEIRO (Reuters) – Brazil is analyzing the option of expanding an order for Swedish manufacturer Saab’s Gripen fighter jets, though the number of additional aircraft which could be bought has…
Swedish NIER think tank sees milder downturn, rates to peak at 3.75%
STOCKHOLM (Reuters) – Sweden’s economic downturn this year will not be as deep as previously expected, the leading NIER think-tank said on Wednesday, though households will remain under pressure from a cost…
Most Swedish mortgage borrowers have good buffers despite rising rates, FSA report says
STOCKHOLM (Reuters) -Swedish mortgage rates more than doubled for new mortgage borrowers in 2022 versus the previous year, but the majority of households still have good economic buffers, a report by the…
Hungary parliament backs Finland’s NATO accession, Swedish bid pending
By Krisztina Than BUDAPEST (Reuters) – Hungary’s parliament approved a bill on Monday to allow Finland to join NATO once its application has been ratified by all 30 members of the alliance,…
Swedish central bank chief says more rate hikes likely due to stubborn inflation
STOCKHOLM (Reuters) – The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its forecasts of another interest rate hike in April, Riksbank Governor Erik Thedeen…
Swedish 5-year inflation expectations fall in March
STOCKHOLM (Reuters) – Long-term inflation expectations among financial and business groups in Sweden fell in March, a poll commissioned by the central bank showed on Thursday. Inflation measured with a fixed interest…
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